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- Building Boardroom
Despite soaring salaries in the housebuilding sector, there’s an air of nervousness that the government will burst the bubble by scrapping its Help to Buy scheme
Most of us find salary surveys irresistible reading. Aside from being a benchmark for our own salaries, they are also seen as a barometer for the health of the sector we work in. So at first blush, this week’s housebuilder salary survey shows a thriving industry where pay packets among the executive tiers are still on the up and where the top 30 housebuilders have taken on 2,000 staff in the last year.
And an interesting twist on this year’s results is that the job titles associated with technical skills are demanding six-figure sums and have surpassed those of financial directors. So, for example, the average salary of a construction and building director hit £110k this year – which amounts to a 40% increase over five years – whereas FDs only brought home £99k (excluding those all-important bonuses).
“There is a realisation that the private sector alone is not going to get the government its 300,000 new homes a year target”
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